TIB - August 2001

Binding rulings

• Product Ruling – BR Prd 01/16

Legislation and determinations

• Dairy farm milking shed building, plant & machinery: Draft General Depreciation Determination

Questions we’ve been asked

• Funeral expenses paid by funeral directors in connection with funeral arrangements Goods and Services Tax Act 1985 – section 60(2) – supply to an agent

Legal decisions – case notes

• Whether payment in settlement of a claim was capital or revenue: TRA022/00 Decision Number: 006/01
• Whether interest on mortgage payments deductible: Borlase v CIR
• Tax avoidance arrangement – Commissioner’s assessment valid: CIR v Dandelion Investments Ltd